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let us check on traffic with steve. good morning. >> let us take a look at a map in prince william county virginia. an accident closing southbound or eastbound prince william county at wellington and rd. it looks like everything is open a. take a look at the beltway. new hampshire avenue, they picked up the road work. no delays around the beltway. all the overnight roadwork also being picked up. and near springfield, things are moving smoothly. all the way up to 395 across the 14th street bridge into town. >> thank you. your giving me the chance to win thousands of dollars in free groceries. >> perfect this time of year especially. from now until wednesday -- thursday watch for the daily clue. the winner will be announced each day until next tuesday. and then on november 21, one winner get a $5,000 gift card. good luck with that. that will keep you going through the holiday season. 4:44 is the time. 36 degrees. >> new details on the fiscal cliff showdown between the white house and congress. learn what president obama >
let us check on traffic with steve. good morning. >> let us take a look at a map in prince william county virginia. an accident closing southbound or eastbound prince william county at wellington and rd. it looks like everything is open a. take a look at the beltway. new hampshire avenue, they picked up the road work. no delays around the beltway. all the overnight roadwork also being picked up. and near springfield, things are moving smoothly. all the way up to 395 across the 14th street...
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Nov 14, 2012
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steve and cynne, back to you. >> thanks so much steve. we're following breaking news coming out near the laurel area. >> jummy has the details at the live desk. >> the details still are very, very slim. we are trying to get some more information. we know that anne arundel county police are investigating a shooting in the vicinity of maryland city, which is generally the laurel area. it's near the laurel exit of the baltimore-washington narcotic parkway. we're not sure if this is a fatal shooting or how many victims. we know this could be near the wal-mart area in that section of maryland city near laurel. we do have a crew on the way. john gonzalez is moving locations now. he should be there within minutes. as soon as he gets on scene, he will call in and update, and we will pass it along. back to you guys in the studio. >> jummy, thanks. toyota issuing a major recall, and it's also the time to start planning your holiday shopping trips. >> abc's rob nelson explains all of that in today's america's money reports. >> good morning. topping
steve and cynne, back to you. >> thanks so much steve. we're following breaking news coming out near the laurel area. >> jummy has the details at the live desk. >> the details still are very, very slim. we are trying to get some more information. we know that anne arundel county police are investigating a shooting in the vicinity of maryland city, which is generally the laurel area. it's near the laurel exit of the baltimore-washington narcotic parkway. we're not sure if this...
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now, to get the get the traffic, we check in ith steve. looking steve by 395 northbound. th is just before the 14 with the dge, ccident activity still there on the right shoulder. while.en there for a means you're going to be up d up most of the way springfield to get to the at street bridge, but shoulder. is on the now, 270 to 270 right , very she have. backup actually begins all t 121 clarksburg down to the lane ivide and on to the inner loop of the beltway. and here's a look at the weather with jacqui. a beautiful look at the weather. , skies are hining it's a chilly start this morning. national. at reagan dulles. gaithersburg. in martinsburg. 27 in frederick. are going mperatures cool today, but it will , 45 to with sunshine 50 degrees. warming tle bit of the next three, four days so. sunday, and a shower. so much, jacqui. going to be back here at so much, jacqui. going to be back here at .:56 [ knocking ] oh, no, i got to go. oh, can you make that to go? these days, nobody has time to get sick. but miteclinic makes it easy to get well. our nurse practitioners can dia
now, to get the get the traffic, we check in ith steve. looking steve by 395 northbound. th is just before the 14 with the dge, ccident activity still there on the right shoulder. while.en there for a means you're going to be up d up most of the way springfield to get to the at street bridge, but shoulder. is on the now, 270 to 270 right , very she have. backup actually begins all t 121 clarksburg down to the lane ivide and on to the inner loop of the beltway. and here's a look at the weather...
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Nov 14, 2012
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WBAL
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yeah, it's bong. [ laughter ] >> steve: wow. [ cheers and applause ] >> jimmy: just bong it. >> steve: the bong's the best. >> jimmy: you gotta go and just bong it. [ applause ] [ imitating bong ] >> jimmy: and finally, pro -- marijuana has been known to treat sex addiction. con -- or as general petraeus put it, "4-20, y'all!" [ laughter and applause ] that is the "pros and cons," everybody. we will be right back with more "late night." come on back. [ cheers and applause ] ♪ [ male announcer ] applebee's new spirited cuisine. crafted with a touch of whisky, wine, and beer by highly skilled chefs. yep, this is real. double barrel whisky sirloins and new napa chicken & portobellos, starting at $9.99. see you tomorrow. and this is our emergen-c. [ nora ] when you run your own place, you can't miss a day. so we rely on emergen-c. with vitamin c for immune support plus energizing b vitamins, our regulars know we're sure to be there. get your free sample at emergenc.com. stay healthy, and feel the good. ♪ ♪ [ female announcer ] prepare yourself for the feeling of more water without u
yeah, it's bong. [ laughter ] >> steve: wow. [ cheers and applause ] >> jimmy: just bong it. >> steve: the bong's the best. >> jimmy: you gotta go and just bong it. [ applause ] [ imitating bong ] >> jimmy: and finally, pro -- marijuana has been known to treat sex addiction. con -- or as general petraeus put it, "4-20, y'all!" [ laughter and applause ] that is the "pros and cons," everybody. we will be right back with more "late...
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Nov 14, 2012
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cnbc's steve leisman is here with that. what do they have to say? >> so they told us what i think we knew, which is that they're probably going to do additional asset purchases in january when the extenders -- what they're doing right now, this operation twist -- when that runs out. selling short term, buying long ter term. qe3-plus, maybe qe4. it is another extension of "operation twist" but they'll get rid of the selling and all they'll be doing is buying. that's one thing. another thing is they're having this big discussion internally about the guidance they provide and all i can tell you, michelle, is when i read the minutes, it doesn't sound like the discussion's ready for prime time. they are literally all over the place. they agree it needs to clang. what's the sflem they don't like this calendar dade guidance. they think it should be linked to economic goals, or economic targets. like we will stop keeping rates low when unemployment gets below, x or if inflation gets above y. but they can't agree on the targets. they're worried about the eff
cnbc's steve leisman is here with that. what do they have to say? >> so they told us what i think we knew, which is that they're probably going to do additional asset purchases in january when the extenders -- what they're doing right now, this operation twist -- when that runs out. selling short term, buying long ter term. qe3-plus, maybe qe4. it is another extension of "operation twist" but they'll get rid of the selling and all they'll be doing is buying. that's one thing....
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Nov 14, 2012
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let's go to steve. >>> a lot of high clouds, beautiful sunrise, mild on the coast. it will be a warm day and today will be partly sunny skies, but on the mild side. high pressure system will start to lose its grip tomorrow and today is the warmest day, no doubt about it by the bridges. east wind means an offshore breeze with a lot of 70s showing up. 70s inland even some 30s closer to the bay. there are mild temperatures and some cooler ones. and in advance of that system, it will be the first one late friday into saturday and our warm pattern today, with the warmest temperatures on the coast. tomorrow they clouded up and then we start a cooling trend as we head towards friday and the weekend. it will come off some of the east bay hills 20 to 25 miles per hour, it still means very warm temperatures and inland that time of year is that kind of a pattern so if you can get out and temperatures will really start to take a tumble. with the weekend always in view, a colder system arrives on sun tie. >>> why a crab dinner may cost you more. >>> marco scutaro is playing agai
let's go to steve. >>> a lot of high clouds, beautiful sunrise, mild on the coast. it will be a warm day and today will be partly sunny skies, but on the mild side. high pressure system will start to lose its grip tomorrow and today is the warmest day, no doubt about it by the bridges. east wind means an offshore breeze with a lot of 70s showing up. 70s inland even some 30s closer to the bay. there are mild temperatures and some cooler ones. and in advance of that system, it will be...
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our 11 news reporter steve handelsman is live in washington with more of mr. obama's plans moving forward. >> good evening from capitol hill. if the president wanted to talk today about the fiscal cliff and taxes, he should have talked last week before the words from the cia. president obama wanted to show off the power of the second election, with a tax call on the rich, but that message had a distraction, the situation with david petraeus. >> that classified information was disclosed, that it in any way had any impact on our national security -- >> but the president is withholding judgment on the fbi holding secret. he praised the former cia chief. >> we are safer because of the work that david petraeus is has done. >> issue number two was the fiscal cliff and taxes. >> what i am not going to do is extend further a tax cut for folks who do not need it. >> republicans demand no rate hikes. can there be a deal finally to cut deductions? >> i recognize that we're going to have to compromise, and as i said on election night, compromise is hard. >> four americans
our 11 news reporter steve handelsman is live in washington with more of mr. obama's plans moving forward. >> good evening from capitol hill. if the president wanted to talk today about the fiscal cliff and taxes, he should have talked last week before the words from the cia. president obama wanted to show off the power of the second election, with a tax call on the rich, but that message had a distraction, the situation with david petraeus. >> that classified information was...
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you, steve. >> steve: thank you very much. and this -- >> i'm glad you reached out. >> steve: this next one keith can identify with because it says my daughter use the word like far too often. practically every worry word. i noticed this is a common trend with kids these days, but can it be normal? >> it can be normal, like, i can do this incredibly, like, because i have a 1-year-old daughter. the other -- 1-year-old daughter. -- 14-year-old daughter. they end statements with questions, so they're like in class? and i go to campus? the bottom line is, this is normal, but here is my fear. i think it may mean that this generation isn't quite certain of what they think and feel. everything ends with a question. everything is like. nothing is definitive. >> brian: i want to get a question from the headlines. powerful people doing things they clearly know are wrong, three generals, one illicit affair, and other things. how does someone do something so dumb? >> we know from freud and before that the sexual drive trumps everything. i
you, steve. >> steve: thank you very much. and this -- >> i'm glad you reached out. >> steve: this next one keith can identify with because it says my daughter use the word like far too often. practically every worry word. i noticed this is a common trend with kids these days, but can it be normal? >> it can be normal, like, i can do this incredibly, like, because i have a 1-year-old daughter. the other -- 1-year-old daughter. -- 14-year-old daughter. they end statements...
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steve kingston, "bbc news," washington. >> for more, i am joined by a senior correspondent for national journal. thank you for coming in. is this what this is really all about. it sounds like a soap opera. there is sex involved, and that is why we are interested in it, or is there more to it? does it matter? >> it sounds like an august scandal in washington where congress is out and they are looking for something to cover. it is november this time. i think that it could be what you see on the surface, which is some people giving into temptation in high places. the mighty have fallen. but if it puts a lot of tension between the f.b.i. and the c.i.a., which they have always had a lot of tension between those two anyway, if you have the white house and congress disagreeing about the time line and who knew what when, this could have a lot of legs. it could be unfortunate for a president just starting out a second term. >> if this really was not an issue of national security but just an affair between two consenting adults, then the f.b.i., there they are, they put out six or seven agents an
steve kingston, "bbc news," washington. >> for more, i am joined by a senior correspondent for national journal. thank you for coming in. is this what this is really all about. it sounds like a soap opera. there is sex involved, and that is why we are interested in it, or is there more to it? does it matter? >> it sounds like an august scandal in washington where congress is out and they are looking for something to cover. it is november this time. i think that it could be...
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but instead, sinofsky is out and steve ballmer remains the c.e.o. >> the more broad implication is, windows 8 was just released. this is a product that is supposed to change the future of microsoft, change its fortunes, and now the person behind its development is leaving. that's an ominous sign for investors. >> reporter: another troubling sign is the explosive growth of tablet computers and smartphones, stealing traditional desktop computer sales and the $75 licensing fee microsoft receives for every windows p.c. sold. >> microsoft's business model is just fundamentally broken for a mobile age, and that's not something someone like a steven sinofsky leading an engineering team on windows can fix. >> reporter: the stock reaction was negative. microsoft shares fell to their lowest price since january. sinofsky will be replaced by two women who worked with him. he's the second high-level executive to leave a technology giant in as many weeks. the head of apple's iphone software unit left in a management shake-up late last month. >> susie: want more evidence that a housing recovery is under w
but instead, sinofsky is out and steve ballmer remains the c.e.o. >> the more broad implication is, windows 8 was just released. this is a product that is supposed to change the future of microsoft, change its fortunes, and now the person behind its development is leaving. that's an ominous sign for investors. >> reporter: another troubling sign is the explosive growth of tablet computers and smartphones, stealing traditional desktop computer sales and the $75 licensing fee...
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we'll get steve's take coming up on that. martha: an investigation is underway after a small plane carrying three pilots crashed into a neighborhood. what witnesses heard and saw there. bill: there were serious questions about eric holder and what he knew about the petraeus affair. why didn't he tell the white house any sooner? >> lawmakers want to know in terms of when petraeus found out. he was under investigation. has it had any impact on the comments he made to senators about benghazi and what he knew? we just learned general petraeus says he does want to testify about benghazi. more in a moment. >> you can't get to the bottom of benghazi without him testifying. i want to hear from him what he knew before, during and after the attack. there is nyoo substitute for his testimony in my view. structured settlements. the experts at imperial can convert your long-term payout into a lump sum of cash today. is what drives us to broadcast the world's biggest events in 3d, or live to your seat high above the atlantic ocean. it's wh
we'll get steve's take coming up on that. martha: an investigation is underway after a small plane carrying three pilots crashed into a neighborhood. what witnesses heard and saw there. bill: there were serious questions about eric holder and what he knew about the petraeus affair. why didn't he tell the white house any sooner? >> lawmakers want to know in terms of when petraeus found out. he was under investigation. has it had any impact on the comments he made to senators about benghazi...
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live from capitol hill, steve handelsman, news4. >>> steve, thank you. now, for more on the scandal involving the former cia director, nbc's pete williams joins us now. there's so many developments in so many different directions in this story. what's happened today? >> well, today we learned general petraeus will in fact testify before the senate about what happened in benghazi. it will be in a closed session. we're told actually he volunteered to do it. the senate said they wanted to hear from him, but his friends say he called the cia, called his associates there and said i do want to testify. today the director of the fbi and his deputy director went up and talked to some members of congress about why the fbi did not inform them or the white house, while this investigation was still going on. the fbi insisted from the beginning that there are clear rules about when you tell other people what you're finding out in the middle of an investigation. they said that involves only intelligence activities, and that they were satisfied from their investigation
live from capitol hill, steve handelsman, news4. >>> steve, thank you. now, for more on the scandal involving the former cia director, nbc's pete williams joins us now. there's so many developments in so many different directions in this story. what's happened today? >> well, today we learned general petraeus will in fact testify before the senate about what happened in benghazi. it will be in a closed session. we're told actually he volunteered to do it. the senate said they...
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i'm steve handelsman, news4, capitol hill. >>> nancy pelosi has put rumors about her future to rest. she raised more money than any other member of congress to put democrats back in power. but her party fell far short of the 25 seats needed to win the majority last week. still pelosi succeeded in electing the most diverse caucus in the country's history. >> as you look forward, understand that you are looking into the future. the future of empowerment of women in america. and i have made a decision to submit my name to my colleagues, to once again serve as the house democratic leader. >> the only woman ever elected speaker of the house, she served in that post from 2007 to 2011, when democrats lost their house majority. she is 72 years old. >>> a developing story now. a grand jury in new york has indicted a suspect in the murder of 6-year-old aton pace. the boy disappeared from a new york city street 33 years ago. the mystery about what happened to him has gripped new yorkers for decades. pedro hernandez was a clerk at a store in aton's neighborhood. police say hernandez has admitted
i'm steve handelsman, news4, capitol hill. >>> nancy pelosi has put rumors about her future to rest. she raised more money than any other member of congress to put democrats back in power. but her party fell far short of the 25 seats needed to win the majority last week. still pelosi succeeded in electing the most diverse caucus in the country's history. >> as you look forward, understand that you are looking into the future. the future of empowerment of women in america. and i...
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i salute chairman steve israel, as i did yesterday. being a spectacular field marshal in all of this. i commend all of my leaders and co-leader steny hoyer and so many members of the leadership, steny hoyer, john clyburn, mr. becerra. the list goes on and on. and the women who traveled into districts. we were thinking that it was possible and it was. i would say one disappointment that i have is that medicare message, which was at stake, was so misrepresented by the republicans that the public was confused. people would say, why are the democrats want -- we weren't. democrats used savings of medicare to extend it for another decade, to provide benefits immediately. immediately. for seniors right now. republicans took that same money and gave tax cuts to the rich. and that was the message that outside money spent to misrepresent. and that is why the election of barack obama was so very, very important, to protect medicare. even though we could not get the majority, we knew when he won that many of the issues -- affordable care, medicare
i salute chairman steve israel, as i did yesterday. being a spectacular field marshal in all of this. i commend all of my leaders and co-leader steny hoyer and so many members of the leadership, steny hoyer, john clyburn, mr. becerra. the list goes on and on. and the women who traveled into districts. we were thinking that it was possible and it was. i would say one disappointment that i have is that medicare message, which was at stake, was so misrepresented by the republicans that the public...
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this is "hardball," a place for politics. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. but, dad, you've got... [ voice of dennis ] allstate. with accident forgiveness, they guarantee your rates won't go up just because of an accident. smart kid. [ voice of dennis ] indeed. are you in good hands? >>> first the boss, now bono. on the last day of the campaign, bruce springsteen campaigned with president obama out there in ohio and wisconsin. now that the election is over and won, it's bono with an appearance at the white house meeting with both the president and the vice president. biden's twitter account sent out the word in a tweet, quote, vp met with bono today to di
this is "hardball," a place for politics. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td...
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. ♪ ♪ [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks or jumping into the market, he goes with people he trusts which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things like what the market is doing and being ready no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. >>> does the president see this in general as an unwelcome distraction at a time when he's just reelected and has a bunch of priorities in terms of fiscal cliff and in terms of his cabinet? >> well i certainly think wouldn't call it welcome. >> that was jay carney today, trying to explain how the president feels about the mess that is the petraeus affair. in the spotlight tonight, another day, another four star general investigated. this time it is general john allen who took over as commander of the u.s. forces in afghanistan and petraeus became director of the cia. in october allen w
. ♪ ♪ [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks or jumping into the market, he goes with people he trusts which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things like what the market is doing and being ready no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. >>> does the president...
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i will turn it back to leader pelosi. >> we are so proud of steve. although we did win 25 seats. we did not get 25 seats. thank you, steve, for your great leadership and having this configuration. our founders envisioned the house of representatives, which would be a constant reinvigoration of the congress because big have to be elected every two years -- go o the voters every two years. this year, 25% of our caucus is brand new. quite an invigoration. here they are -- the fresh recruits, who among them will lead our nation in what other capacity as well as leader in the house of representatives. we may not have the majority, we may not have the gavel, but we have unity, and with that unity, a consensus built to solve problems to work with president obama, we are ready to work. are we proud of president obama and his wonderful victory? not to get into politics. with that, in case you have any questions -- yes ma'am? >> will you plan to stay on as the leader? will you run again? >> let us see. what time is it now? it is 2:00 on tuesday. i will see you
i will turn it back to leader pelosi. >> we are so proud of steve. although we did win 25 seats. we did not get 25 seats. thank you, steve, for your great leadership and having this configuration. our founders envisioned the house of representatives, which would be a constant reinvigoration of the congress because big have to be elected every two years -- go o the voters every two years. this year, 25% of our caucus is brand new. quite an invigoration. here they are -- the fresh recruits,...
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Nov 14, 2012
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steve osunsami is here with the latest on that. steve, good morning. >> reporter: good morning. here's why when you have a clerk check a lottery ticket to see if you won, you should sign it first and then ask for it back. andy and nael ashkar scammed one of their customers out of a winning ticket. and then, tried to claim the prize. andy ashkar claims he bought that winning ticket himself, in 2006, at a syracuse convenience store where he worked. and then waited six, long years to split the money with his brother, because he worried that the cash would negatively affect his relationship with his girlfriend. >> i would hope that at some point in the last six years, he had been convinced that she did marry him for love. >> reporter: lottery officials say that was the first clue. love or not, no one waits that long to claim $5 million. >> $5 million. >> claim it. >> waited until now. >> reporter: but they put out a detailed press release anyway, hoping it would eventually lead them to the winner. prosecutors are calling the brothers cheats and crooks, saying they swindled the ticke
steve osunsami is here with the latest on that. steve, good morning. >> reporter: good morning. here's why when you have a clerk check a lottery ticket to see if you won, you should sign it first and then ask for it back. andy and nael ashkar scammed one of their customers out of a winning ticket. and then, tried to claim the prize. andy ashkar claims he bought that winning ticket himself, in 2006, at a syracuse convenience store where he worked. and then waited six, long years to split...
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we're going to talk with new york congressman steve israel. he works side by side with nancy pelosi. we'll chat about what he thinks is ahead for her. and a dramatic car accident, oh, my goodness, caught on camera. we'll tell you why the woman behind the wheel is the last person that you would expect. that's ahead. stay with us. one. two. three. my credit card rewards are easy to remember. with the bankamericard cash rewards credit card, i earn 1% cash back everywhere, every time. [ both ] 2% back on groceries. [ all ] 3% on gas! no hoops to jump through. i earn more cash back on the things i buy most. [ woman in pet store ] it's as easy as... [ all ] one! -two. -[ all ] three! [ male announcer ] the bankamericard cash rewards credit card. apply online or at a bank of america near you. >>> will she stay or will she go? congresswoman nancy pelosi has a news conference in less than three hours. she's holding it on capitol hill, of course. expecting to find out then whether or not she's planning to run for the house minority leadership position o
we're going to talk with new york congressman steve israel. he works side by side with nancy pelosi. we'll chat about what he thinks is ahead for her. and a dramatic car accident, oh, my goodness, caught on camera. we'll tell you why the woman behind the wheel is the last person that you would expect. that's ahead. stay with us. one. two. three. my credit card rewards are easy to remember. with the bankamericard cash rewards credit card, i earn 1% cash back everywhere, every time. [ both ] 2%...
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steve handelsman joins us from capitol hill with more. >> reporter: hi, doreen. it's washington, timing is everything.
steve handelsman joins us from capitol hill with more. >> reporter: hi, doreen. it's washington, timing is everything.
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during the gop primaries, steve colbert started his own super pac. it was a spoof, of course. with karl rove facing backlash from his donors, who expected a vastly different return on their investment in mitt romney and other republicans, colbert offered up a response to his own donors. >> karl is in big trouble. they're going to take his thumbs. and karl is almost all thumb. i took a lot of money for my super pac and my 501c-4 colbert super pac s-h-h, which stands for shh. okay? money from some anonymous scary donors. that's not pixilated. that's his face. listen, fellows, i didn't waste your money. running a super pac is expensive. i mean, we had legitimate costs. we had handling costs, and we had legal fees, and the biggest expense, almost $90,000 of it was for the commercials the super pac ran while i was kind of sort of running for president of south carolina. i wasn't even in charge of the super pac then. >> in his home state of south carolina, of course, colbert was at one point polling ahead of a legitimate candidate, jon huntsman. >>> next, people in the other -- over
during the gop primaries, steve colbert started his own super pac. it was a spoof, of course. with karl rove facing backlash from his donors, who expected a vastly different return on their investment in mitt romney and other republicans, colbert offered up a response to his own donors. >> karl is in big trouble. they're going to take his thumbs. and karl is almost all thumb. i took a lot of money for my super pac and my 501c-4 colbert super pac s-h-h, which stands for shh. okay? money...
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. >> you don't eat it, you just catch it, right, steve? >> is this japan? >> they shouldn't be increasing the quota? >> why? >> because they have no idea about the stocks. they try to pretend there's one stock in the mediterranean, one stock in the atlantic, they have no idea. it's bad data leading to bad decision. >> if earn to take this conversation, you know what it would lead to? the tragedy of the commons. >> good point. >> when there's ownership of something, you conserve. when anybody -- everybody going after the same thing, they figure if i don't do it, somebody else is going to do it. if you own timber, every time you take down a tree, you plant two more. >> much better about protecting the resource and the europeans contend they have their own stock. but we've shown through the tagging data that these fish go across the mediterranean to the atlantic, up and down the coast, it's an extraordinary fish, a good one to preserve. >> okay. >> okay. >> let's go back to steve since you're there. you've got an interesting report, and i promise you i'll be l
. >> you don't eat it, you just catch it, right, steve? >> is this japan? >> they shouldn't be increasing the quota? >> why? >> because they have no idea about the stocks. they try to pretend there's one stock in the mediterranean, one stock in the atlantic, they have no idea. it's bad data leading to bad decision. >> if earn to take this conversation, you know what it would lead to? the tragedy of the commons. >> good point. >> when there's...
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guys, back to you. >> steve, it's david. first of all, i compliment your use of color. love the purple, very pretty at the top there. you look at that chart. i mean, that's progressive taxation at its finest -- at its most extreme, it would seem. >> it is. >> i wonder if those who believe taxes need to go up on the wealthy whether they embrace that and say, let's go over the cliff. you say half a trillion if you get to spending cuts, i mean, those worried about deficit reduction have to say, well, that will certainly help. >> it will help. two pieces to that, increase of taxes on the wealthy in a progressive manner, as you noted but also increasing for everybody so it's broadening the base, which is what republicans want. in that regard going over the cliff has a compromise element to it. >> i'm still thinking about lovie, we're going to be paying more in taxes, the gilligan's island reference from steve banks. >> tonight? >> why the markets may not be having trouble. >> and dan o'keefe. >> yes. >> let's get to the third hour of "squawk on the street." here's what you m
guys, back to you. >> steve, it's david. first of all, i compliment your use of color. love the purple, very pretty at the top there. you look at that chart. i mean, that's progressive taxation at its finest -- at its most extreme, it would seem. >> it is. >> i wonder if those who believe taxes need to go up on the wealthy whether they embrace that and say, let's go over the cliff. you say half a trillion if you get to spending cuts, i mean, those worried about deficit...
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. >>> new york congressman steve israel is going to join us this morning. pennsylvania congresswoman allison schwartz, general james "spider" marks joins us, and patty murray. newt gingrich and callista gingrich will join us. they've written his and her books. going to talk about what the republican party needs to do as it moves ahead. and we'll talk to oliver stone. he's written a lot and done a number of movies on historical events. whether it's vietnam or jfk's assassination. but he says history as we know it is all wrong, and that there's an untold history. yes. an untold history. he'll tell us what that's all about. >> all wrong? >> completely wrong. throw away everything you knew. you thought you knew. wrong. >> we're going to tune in for that. >> oliver stone. >> 54 minutes past the hour. it's been more than two weeks since superstorm sandy struck. thousands of people on new york's long island are still in the dark. >> and much of the anger has been districted at the long island power authority, or lipa as it's called, for failing to prepare for and
. >>> new york congressman steve israel is going to join us this morning. pennsylvania congresswoman allison schwartz, general james "spider" marks joins us, and patty murray. newt gingrich and callista gingrich will join us. they've written his and her books. going to talk about what the republican party needs to do as it moves ahead. and we'll talk to oliver stone. he's written a lot and done a number of movies on historical events. whether it's vietnam or jfk's...
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and you're going to the frustration and people like steve. you have a president and you that we're working on immigration reform in congress. they're trying to get people like marco rubio, like myself. he decided by executive order to do something they had no authority to do. and he decided to do something like that, and instead of advancing the ball on immigration, what he did is he poisoned the well so we wouldn't be willing to work on immigration reform. if you think about it, the only reason we didn't have immigration reform during the bush administration is because two gentlemen, rahm emanuel in the house and barack obama in the senate decided to vote for an amendment to the immigration bills that actually help the union. they were backed by the unions, and they decided that they would poison the well by voting for those amendments that killed immigration reform. nobody talks about that in the immediate, but it was liberal labor unions and those barack obama in the senate who decided to poison the well. he did it again this time, and i t
and you're going to the frustration and people like steve. you have a president and you that we're working on immigration reform in congress. they're trying to get people like marco rubio, like myself. he decided by executive order to do something they had no authority to do. and he decided to do something like that, and instead of advancing the ball on immigration, what he did is he poisoned the well so we wouldn't be willing to work on immigration reform. if you think about it, the only...
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my overall point is, and unfortunately we have not seen this in the past few years, steve is coming more from the right than from my side, but the overall bank is that both sides are born to half to be willing to take on a significant amount of pain. i hope the willingness is there in order to make the grand bargain as they say. a great show, thank you very much host: thank you. guest: adding the caller makes a great point. for there to be a compromise, with the want to say is they want to see them change the entitlement programs. these are medicare, medicaid, potentially social security, although there's less clamoring to change that. want to see those programs changed so they are not just these open-ended things were the costs go up. went to see them reforms. so that does not keep adding to the deficit and increasing the federal budget. but the democrats want to see more revenue. want to see higher tax rates, they want republicans to agree to that. for this to be this big grand deal, both sides will have to come to an agreement. host: nancy has a recent story with this headline. someon
my overall point is, and unfortunately we have not seen this in the past few years, steve is coming more from the right than from my side, but the overall bank is that both sides are born to half to be willing to take on a significant amount of pain. i hope the willingness is there in order to make the grand bargain as they say. a great show, thank you very much host: thank you. guest: adding the caller makes a great point. for there to be a compromise, with the want to say is they want to see...